Singapore agrees security pacts with Indonesia LONDON 1ST EDITION

Indonesia has long sought an extradition treaty with Singapore to apprehend businessmen who allegedly looted state funds meant to recapitalise banks following the 1997 Asian financial crisis. Singapore has now allowed treaty provisions for 31 crimes, including corruption, bribery and money launderin...

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Bibliographic Details
Published inThe Financial times (London ed.)
Main Author JOHN AGLIONBY, JOHN BURTON and JOE COCHRANE
Format Newspaper Article
LanguageEnglish
Published London (UK) The Financial Times Limited 28.04.2007
Subjects
Extradition
Military training
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Summary:Indonesia has long sought an extradition treaty with Singapore to apprehend businessmen who allegedly looted state funds meant to recapitalise banks following the 1997 Asian financial crisis. Singapore has now allowed treaty provisions for 31 crimes, including corruption, bribery and money laundering, committed over the previous 15 years as well as in the future. The long retroactive period could affect many of the Indonesian businessmen who fled to Singapore after the downfall of President Suharto in 1998 and who were accused of profiting from close ties with him. Singapore initially sought a retroactive period of five years, according to Indonesian officials.
ISSN:0307-1766